Best Brokerage Bonuses of May 2025
Brokerage firms compete for investor deposits by offering large bonuses and promotions. Here are some of the best brokerage bonuses and promotions right now, with the fine print expained.
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Currently, the best brokerage account bonus is from Webull. Webull is offering, at a minimum, $60 worth of stock and $100 in cash for a deposit of $5,000.
The broker promotion that requires the lowest deposit amount is from TradeStation, which offers a $50 cash reward on a deposit of $500 or more.
That said, the best bonus available to you will depend on how much money you have to deposit and how long you have to let your money sit. Check out our full comparison table below.
Stock vs. cash promotions
It's worth noting that when companies offer stock promotions, it's likely the company advertises the highest potential reward, but the reality is there's a very small chance you'll actually get that amount. For example, when brokers offer stock bonuses, they provide a high and low range for the dollar amount in stocks you might receive, but most of those promos state that there is a less than 1% chance of receiving the highest dollar value.
How brokerage bonuses work
Most brokers that offer promotions will do so in exchange for a set deposit amount — the more you're willing to deposit, the greater the promotion available to you. However, there are some brokerage firms that set the bar lower — for example, offering a bonus simply for placing your first trade.
Below, we've categorized current brokerage promotions so you can easily find the best options for you. As always, be sure to read the fine print on the brokerage firm's website to ensure you qualify for the offer.
Nerdy Tip
Typically, transfers from existing brokerage firms — as well as 401(k) rollovers and IRA transfers — count as a deposit that qualifies for a bonus. But be sure to read the fine print of each offer.
Best Brokerage Bonuses
| Broker | NerdWallet rating | Fees | Account minimum | Promotion | Learn more |
|---|---|---|---|---|---|
4.5/5 | $0 per trade | $0 | 1 Free Stock after linking your bank account (stock value range $5.00-$200) | Learn moreon partner's site on Robinhood's website | |
4.5/5 | $0 per trade | $0 | Get up to $700 when you open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money. | Learn moreon partner's site on J.P. Morgan's website | |
4.1/5 | $0 per trade | $500 | Qualify for up to $5,000 when you open and fund a new TradeStation account. Offer Code: NERDAFYN. | Learn moreon partner's site on TradeStation's website | |
4.4/5 | $0 per trade | $0 | Get up to $1,000 in stock when you fund a new account. Terms & Conditions Apply. | Learn moreon partner's site on SoFi Invest®'s website | |
5.0/5 | $0 per trade | $0 | Get 20 free fractional shares ( each valued up to $3,000) when you open and fund an account with Webull. | Learn moreon partner's site on Webull's website | |
4.6/5 | $0 | $0 | Earn up to $10,000 when you transfer your investment portfolio to Public. | Learn moreon partner's site on Public's website |
Fees
$0
per trade
Account minimum
$0
Promotion
1 Free Stock
after linking your bank account (stock value range $5.00-$200)
Fees
$0
per trade
Account minimum
$0
Promotion
Get up to $700
when you open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money.
Fees
$0
per trade
Account minimum
$500
Promotion
Qualify for up to $5,000
when you open and fund a new TradeStation account. Offer Code: NERDAFYN.
Fees
$0
per trade
Account minimum
$0
Promotion
Get up to $1,000
in stock when you fund a new account. Terms & Conditions Apply.
Our pick for
free stock promotions
Fees
$0
per trade
Account minimum
$0
Promotion
Get 20 free fractional shares ( each valued up to $3,000)
when you open and fund an account with Webull.
Our pick for
cash promotions
Fees
$0
Account minimum
$0
Promotion
Earn up to $10,000
when you transfer your investment portfolio to Public.
Brokerage account bonus details
The best bonus for you will depend on how much you have to deposit. For example, if you have $500, you're best off with TradeStation because you'll earn $50. But if you have $5,000, you'll earn $160 between stock and cash with Webull.
You'll also want to pay attention to how long you have to maintain the deposit amount — some companies require you to keep that balance up for a year or you'll risk losing your bonus.
Company | Promotion amount | Terms | Cash reward on $10,000 deposit |
|---|---|---|---|
Cash rewards | |||
$5k: $150 $25k: $250 $100k: $600 $250k: $1,000 $500k: $2,000 $1 mill: $4,000 $5 mill+: $10,000 | Must maintain funds and bonus for 12 months. Payout date: One month. If current brokerage charges outgoing transfer fees, Public will cover them if your account value exceeds $500. | $150 | |
$5k: $50 $25k: $150 $100k: $325 $250k+: $700 | Deposit within 45 days. Maintain funds for 90 days. | $50 | |
$500: $50 $25k: $250 $100k: $400 $200k: $800 $1 mill: $3,000 $2 mill+: $5,000 | Deposit within 45 days. Payout date: ~10 months. | $50 | |
Stock rewards | Probable value of stock reward | ||
1 stock ranging in value from $2.50 to $200. The probability of receiving stock worth $2.50 to $10 is 98%. | You can sell stock after 2 trading days. | $2.50 to $10 | |
$500+: 20 fractional shares Shares can range in value from $3 to $3,000. The probability of receiving stock worth $3 is 92%. $5k+: $100 $25k+: $750 $100k+: $1,500 $250k+: $3,750 $500k+: $5,000 $1 mill+: $8,000 $5 mill+: $12,000 | Stock: Maintain deposit for 30 days. Cash: Maintain deposit for 12 months. | $60 in stock and $100 in cash | |
Deposit at least $50, get up to $1,000 worth of stock. The probability of receiving stock worth $5 is 85%. | Deposit money within 30 days of opening the account. | $5 | |
Data is current as of April 2, 2025. | |||
And while a cash or stock bonus is a nice perk, it may be worth looking more carefully at the other aspects of a brokerage before committing. Customer service hours and access (can I call and talk with a person on the weekend?), asset availability (do they have crypto?) and account types (wait, you can't invest through a Roth IRA at this brokerage?) are all important things to consider.
More about these promotions
Robinhood promotion
1 Free Stock after linking your bank account (stock value range $5.00-$200).
Robinhood's sign-up bonus offers free stock that can range in value. The company is known for its free stock, options, ETF and cryptocurrency trades, and also offers a 1% match on IRA account contributions, which isn't typical at other brokers.
Webull promotion
Get 20 free fractional shares ( each valued up to $3,000) when you open and fund an account with Webull.
Like Robinhood, Webull issues its sign-up bonus in the form of free stock shares. Webull has some of the lowest fees of all the brokers we review, and typically appeals most to mobile-first investors. But it also offers impressive tools for active trading.
SoFi promotion
Get up to $1,000 in stock when you fund a new account. Terms & Conditions Apply..
SoFi is appealing to new or beginner investors, thanks to its user-friendly platform and range of products, including banking accounts and educational seminars. It also offers access to IPOs.
TradeStation promotion
Qualify for up to $5,000 when you open and fund a new TradeStation account. Offer Code: NERDAFYN.
Tradestation is among the best choices for advanced, active traders, due to its high-quality trading platforms, tools and research. But it also offers features that appeal to more casual investors, including commission-free stock, ETF and options trades.
J.P. Morgan Self-Directed Investing promotion
Get up to $700 when you open and fund a J.P. Morgan Self-Directed Investing account with qualifying new money.
J.P. Morgan's active investing offering is a clean, approachable platform that will appeal to beginner investors and existing Chase customers. The app seamlessly connects all of your Chase accounts.
Public.com promotion
Earn up to $10,000 when you transfer your investment portfolio to Public.
Public offers some unique features, including a rebate on options trades and access to alternative assets like shares of artworks and royalties.
More resources for opening a new brokerage account
How to manage multiple brokerage accounts (and why you might want to).
Last updated on April 2, 2025
Methodology
NerdWallet’s comprehensive review process evaluates and ranks the largest U.S. brokers by assets under management, along with emerging industry players. Our aim is to provide an independent assessment of providers to help arm you with information to make sound, informed judgements on which ones will best meet your needs. We adhere to strict guidelines for editorial integrity.
We collect data directly from providers through detailed questionnaires, and conduct first-hand testing and observation through provider demonstrations. The questionnaire answers, combined with demonstrations, interviews of personnel at the providers and our specialists’ hands-on research, fuel our proprietary assessment process that scores each provider’s performance across more than 20 factors. The final output produces star ratings from poor (one star) to excellent (five stars).
For more details about the categories considered when rating brokers and our process, read our full methodology.
NerdWallet's Best Brokerage Bonuses of May 2025
- Robinhood
- J.P. Morgan Self-Directed Investing
- TradeStation
- SoFi Active Investing
- Webull: Best for free stock promotions
- Public: Best for cash promotions